Analysis for Factors of Taiwan Economic Growth

• Main Authors: Weng, Yi-Tzeng, 翁依岑
• Other Authors: Huang, Shuen-Shi
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/78498739179853291744

碩士 === 嶺東科技大學 === 財稅與會計資訊研究所 === 100 === In this study, the model proposed by Ram (1985), in addition to the inputs oflabor and capital stock, trade openness and terms of trade as input in production-and Taiwan from 1967 - 2010 during this period, the economic development process is divided into three periods: set the export Processing Zone (1967-1986), import liberalization (1987-2001), as well as accession to the WTO (2002-2010). For three stages, 1967-2001,1987-2010 and 1967-2010 in three periods, the real output of the model in this study, this six during the estimation and analysis of the relationship between the variables. The main findings of this study, first, respectively, 6 during which the impact of trade openness on economic development point of view, Taiwan, for example, in a short period, the opening of markets on the economy growth negatively impact, but in the long run, the higher the degree of domestic market and the liberalization of trade in a developing country, the country's economic growth will have significant positive benefits. Confirmed the conclusions set forth in the past literature for developing countries, the export trade of this factor for the positive effects of economic growth will be more significant; Second, Taiwan, for example, whether short term or long-term, fixed increase in capital (investment) all have a positive benefit to the economic growth; the same to Taiwan, for example,labor force growth, economic growth in the long run have a positive benefit; Fourth, by the Chow test’s results, to confirm the time of this study exogenous cutting point is consistent with sample data, the exact structure of a turning point. Also confirmed the previous assumption of this study, the independent variables in the empirical model does because of the different policy priorities, while economic growth have different effects.